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Brand Management

Total questions: 25

Worksheet time: 15mins

Name
Class
Date
1.

The set or the different kinds of products made by a company is called as _____________

a)

product range or product line

b)

product placement

c)

product launch

d)

product lifecycle

2.

Use of a well-known person to advertise products

a)

product endorsement

b)

product placement

c)

product launch

d)

product range

3.

the introduction of a product to the market

a)

product launch

b)

product lifecycle

c)

product placement

d)

product range

4.

How do we get the information about what consumers want or need with regard to a particular brand

a)

market research

b)

market share

c)

market segment

d)

market challenger

5.
Name of the brand
a)
Lamborghini
b)
Mustang
c)
Porsche
d)
Ferrari
6.

Brand Loyalty is defined as ___________

a)

The title given to a product by the company that makes it

b)

Using an existing name on another type of product.

c)

The ideas and beliefs people have about a brand.

d)

The tendency to always buy a particular brand.

7.

Image (Brand)

a)

The title given to a product by the company that makes it.

b)

Using an existing name on another type of product.

c)

The ideas and beliefs people have about a brand.

d)

The tendency to always to buy a particular brand.

8.

Awareness (Brand)

a)

The title given to a product by the company that makes it.

b)

Using an existing name on another type of product.

c)

The ideas and beliefs people have about a brand.

d)

The tendency to always buy a particular brand.

e)

How familiar people are with a brand (or its logo and slogan ).

9.

Name (Brand)

a)

The title given to a product by the company that makes it.

b)

Using an existing name on another type of product.

c)

The ideas and beliefs people have about a brand.

d)

The tendency to always buy a particular brand.

e)

How familiar people are with a brand (or its logo and slogan ).

10.

Product Life cycle is defined as

a)

The set of products made by a company.

b)

The use of a well-known person to advertise products.

c)

When products are used in films or TV programs.

d)

The introduction of a product to the market.

e)

The length of time people continue to buy a product. or the time frame from the introduction of product to its declining stage

11.

Descriptive features that characterize a product or service are called?

a)

Brand attributes

b)

Brand benefits

c)

Brand elements

d)

Brand components

12.

Creating a positive brand image takes marketing programs that link associations to the brand in memory. What kind of associations ensure a positive image?

a)

complex associations

b)

weak, favorable, and unique

c)

strong, favorable, and unique

d)

unrealistic associations

13.

The act of designing the company’s image so that it occupies a distinct and valued place in the target customer’s minds is called

a)

image sketching

b)

establishing POPs

c)

branding

d)

brand positioning

14.

Which of the following could be a typical brand mantra?

a)

We care for our customers

b)

Entertainment for all

c)

If you work hard, you will definitely succeed

d)

A Good, cheap, reliable, reasonable, solid, outstanding brand

15.

The set of all actual and potential buyers who have sufficient interest in, income for and access to a product is called

a)

market segmentation

b)

brand positioning

c)

a market

d)

segmentation basis

16.

Which of the following is/are associated with branding?

a)

influencing how people feel about their emotions that they exude when they think about a brand

b)

influencing what people do

c)

are we getting people to click on our on our ads?

17.
Which of the following is a true statement about the introduction stage of the product life cycle:
a)
Profits are usually nonexistent.
b)
Costs are low.
c)
c. Sales growth is exploding.
d)
There is intense competition
18.
Which phase of the Product life cycle is a downward turn in sales leading to the demise of a product.
a)
Introduction
b)
Growth
c)
Maturity
d)
Decline
19.

Five years after a new product has been introduced, sales begin to level off because customers are purchasing the competitor's brand. What strategy would be most appropriate to use in this situation?

a)

take the product off the market

b)

do nothing, fluctuations in sales are common

c)

modify or update the product to renew customer interest

d)

triple the advertising budget for the product

20.

Check the boxes for the reasons failure of new products (Select any 3)

a)

Lack of specialty

b)

poor timing

c)

effective promotion

d)

inferior quality

21.

When a manufacturer uses his own name as brand for his products, it is known as manufacturer’s brand.

a)

True

b)

False

22.

Check the boxes for the suitable statement agreeing to the topic "Importance or functions of Branding " (Select 3)

a)

Easy to recognize

b)

differentiation of product categories

c)

creates loyalty

d)

cannot regulate prices for the own brand

23.

Brand is a massive Asset

a)

True

b)

False

24.

The biggest disadvantage of branding is that it involves huge cost because brands are not created overnight and companies have to spend huge sums on advertising and publicity.

a)

True

b)

False

25.

Which logo is NOT shown in the picture?

a)

Nike

b)

Microsoft

c)

Apple

d)

McDonald's